Jeffrey E. Stone concentrates his practice on white-collar criminal defense, complex commercial litigation, internal investigations and counseling to boards of directors and senior business executives. He represents corporations, boards of directors, senior executives and other individuals in a variety of complex civil litigation and criminal prosecutions involving a broad range of industries, including health care, manufacturing and financial services.
During his 30 year tenure at McDermott, Jeffrey has served as chairman of the Firm, Global head of McDermott’s Trial Department and head of the White-Collar Criminal Defense Practice Group.
A nationally recognized trial lawyer and Fellow and Regent of the American College of Trial Lawyers, Jeffrey has tried more than 40 cases to verdict before juries in federal and state court. He has been ranked for many years in Best Lawyers in America for Bet–the–Company Litigation, Commercial Litigation, and White-Collar Criminal Defense. He is consistently named one of the Top 10 Lawyers in Chicago. He has taught trial advocacy at Harvard Law School, as an adjunct professor at Northwestern University School of Law, and at the US Attorney General’s Advocacy Institute in Washington, DC. He currently serves as an Adjunct Professor at the Kellogg School of Management at Northwestern University.
Prior to joining McDermott, Jeffrey served in the US Attorney’s Office in Chicago for five years as an Assistant US Attorney, concluding his tenure as deputy chief of the Criminal Receiving and Appellate Division. As an Assistant US Attorney, he tried numerous federal jury trials in the area of white-collar crime, focusing on complex financial crime, fraud, public corruption and tax prosecutions. He also argued and supervised numerous cases before the US Court of Appeals for the Seventh Circuit. From 1983 to 1984, he served as a law clerk to Chief Judge Robert F. Peckham of the US District Court in San Francisco.
Represented numerous senior partners of various private equity funds in connection with their departures from their existing firms
Represented one of the world’s largest media companies in a dispute over a multi-year leasehold interest
Represented a leading dialysis provider in the United States, in transactions as well as nationwide litigation and regulatory compliance, including high-level criminal matters, False Claims Act cases, internal investigations, complex commercial and multi-district class actions, property and liability insurance matters, and other health care litigation
Represented a consortium of the largest tobacco manufacturers in the world in a series of over 30 nationwide arbitrations
Represented the Audit Committee of a Fortune 500 national travel services company in a prolonged SEC investigation
Defended a Fortune 500 sportswear and equipment supplier against a whistleblower action alleging failure to collect/remit sales/use tax on shipping and handling charges
Represented a chemical manufacturer in connection with a federal criminal investigation related to alleged criminal wrongdoing and falsifications under the Clean Water Act, Clean Air Act, Resource Conservation and Recovery Act, Safe Drinking Water Act, and Emergency Planning and Community Right-to-Know Act
Represented an international health care company in a multi-year federal criminal and civil investigation
Represented a senior executive of a Fortune 100 auto manufacturer in criminal and civil matters arising out of a worldwide automobile recall
Represented a senior executive of a Fortune 100 international oil company in connection with criminal and civil environmental investigations
Represented the Audit Committee of a major real estate and health care company in a prolonged SEC investigation
Represented a senior executive of an international construction company in a federal criminal investigation
Represented a senior business executive in a prolonged federal criminal tax investigation which, after a two-week jury trial, resulted in a verdict of not guilty on all counts
Stanford University, recipient of the Gold Spike Award, Stanford’s highest award for lifetime volunteer service to the University (2016); recipient of The Stanford Medal for distinguished and sustained alumni service (2006)
American Jewish Committee, 2010 Human Rights Medallion for service in defense of civil liberties and human rights
Center on Wrongful Convictions, Advisory Board member
Lawyers’ Committee for Civil Rights Under Law, served as a national trustee
Legal Action Chicago, Chairman of the Board of Directors
Illinois Judicial Inquiry Board, served as outside counsel (1996 to 2000)
Jewish Family and Community Services agency, past president
Jewish Federation of Metropolitan Chicago, served as board member
National Institute of Trial Advocacy, faculty member
Northwestern University, adjunct professor, Kellogg School of Management
Stanford University, member of Board of Trustees; served for 12 years as national chairman of the Stanford Fund (responsible for all annual giving to Stanford University); served as Vice Chair of Stanford’s $1 billion Campaign for Undergraduate Education, as a member of the Overseas Studies Board, and as a member of the Task Force on Undergraduate Education
US Supreme Court Historical Society, member of Board of Directors
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